Can you increase the rent by the amount you find excessive?

They were supposed to requested written permission to spend anything in excess of $100.00.

America was and is built on small business.. rentals are for when your small business is making excess money and then you invest.. not have limited money and think real estate is going to carry the day.. 

For how its performing, insurance, and the number of vacancies currently, I think the asking price is pretty excessive.  

I don't do any invoicing, I have no employees so this seems excessive. 

What is not legal in NJ is any form of required prepayment in excess of 1.5 months security.

If the prices are rising beyond the rate of rent increases it is for two reasons either too many novice investors are in the market and overpaying or investors have entered the market looking to park excess cash.

The FNMA deed of trust (Section 22) has a blank before the % that gets filled in:Trustee shall apply the proceeds of the sale in the following order: (a) to all expenses of the sale, including, but not limited to, Trustee’s fees of ____________% of the gross sale price and reasonable attorneys’ fees; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. 

I have buy n hold from just a few years ago (in San Diego but OC would have similar returns) where I have made in excess of 5 times my investment and have pulled out my initial investment leveraging the money for additional profit therefore achieving far in excess of 5 times my investment. 

In NC, if it's something labor intensive, I hire out as I can't charge for my own labor, but I can charge, for example, excessive cleaning.